Great investment opportunity! This CASHFLOW property will be fully renovated and brought to 2022 standards! Target rent = $1350 and professional property management is in place! This brick home features Hard surface floors, updated kitchen and bathrooms, newer working HVAC, and much more!
Memphis Area Association of Realtors(R) MLS #10117736
Apr 26, 2022
Sold
$183,000
$114/sq ft
Feb 14, 2022
Listed
$183,000
$114/sq ft
Public Records
Jan 20, 2022
Sold
$118,000
$74/sq ft
Public Records
Oct 21, 1998
Sold
$88,500
$55/sq ft
Memphis Area Association of Realtors(R) MLS #9814384
Aug 4, 1998
Listed
$89,995
$56/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$2,808 (+50.0%)
$6,250 + $47,025
$53,275
2024
$1,872 (+8.1%)
$6,250 + $47,025
$53,275
2023
$1,732
$5,225 + $23,200
$28,425
2022
$1,732 (−1.2%)
$5,225 + $23,200
$28,425
2021
$1,752 (+23.5%)
$5,225 + $23,200
$28,425
2020
$1,418
$5,225 + $23,200
$28,425
2019
$1,418
$5,225 + $14,350
$19,575
2018
$1,418 (+76.3%)
$5,225 + $14,350
$19,575
2017
$805 (−4.6%)
$5,225 + $14,350
$19,575
2016
$843
$5,225 + $14,350
$19,575
2014
$843
$5,225 + $14,075
$19,300
Tax history for 3164 Raleigh Ridge Dr
Year
Property tax
Land + Additions
Assessment*
2025
$2,808 (+50.0%)
$6,250 + $47,025
$53,275
2024
$1,872 (+8.1%)
$6,250 + $47,025
$53,275
2023
$1,732
$5,225 + $23,200
$28,425
2022
$1,732 (−1.2%)
$5,225 + $23,200
$28,425
2021
$1,752 (+23.5%)
$5,225 + $23,200
$28,425
2020
$1,418
$5,225 + $23,200
$28,425
2019
$1,418
$5,225 + $14,350
$19,575
2018
$1,418 (+76.3%)
$5,225 + $14,350
$19,575
2017
$805 (−4.6%)
$5,225 + $14,350
$19,575
2016
$843
$5,225 + $14,350
$19,575
2014
$843
$5,225 + $14,075
$19,300
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
3
Baths
2
Stories
1
Lot width
85 ft.
Lot depth
125 ft.
Lot size
10,625 Sq. Ft.
Year renovated
2000
Sq. Ft.
1,673
Year built
1975
Style
Single Family Residential
County
Shelby County
APN
087053 A00053
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 14, 2026.
R-10
Residential Single-Family-10 District
The single-family residential districts are intended to accommodate one single-family detached principal dwelling unit per lot. These districts should be applied in areas where the land-use pattern is predominately single-family residential or where such a land use pattern is desired in the future. 5 single-family residential districts are established-R-10 which are differentiated primarily on the basis of minimum lot area and setback requirements.; New R-10 districts are generally located at least 1,500 to 2,000 ft from a CMU-1, CMU-2, CMU-3 or CBD district.
Permitted uses
Include but are not limited to:
Religious facility
Housing-Senior
Infrastructure
Educational/school
Fire house
Police station
Recreation
Park & open space
Property details
Parking
Parking Information
# of Covered Parking Spaces: 2
Parking/Storage: Driveway/Pad
Interior
Bedroom Information
# of Bedrooms (Lower): 3
# of Bedrooms: 3
# of Bedrooms: 3
# of Bedrooms Down: 3
Master Bedroom Dimensions:
Master Bedroom Dimensions:
Primary Bedroom: Level 1
Bedroom 2 Description: Level 1
Bedroom 3 Description: Level 1
Bathroom Information
# of Baths (Full): 2
# of Bathrooms (Full): 2
Interior Features
# of Fireplaces: 1
# of Rooms: 9
# of Stories: 1
1st Story Floor Plan: Living Room, Dining Room, Kitchen, Master Bedroom, 2nd Bedroom, 3rd Bedroom, 2+ Bathrooms
Floors/Ceilings: Wood Laminate Floors, Tile
Room Information
Living Room Dimensions:
Dining Room Dimensions:
Den/Great Room Dimensions:
Dining Room Dimensions: 0x0
Living Room Dimensions: 0x0
Living/Dining/Kitchen: Updated/Renovated Kitchen
Den/Great Room Dimensions: 0x0
Additional Bedroom/Bathroom Info: All Bedrooms Down
Exterior
Exterior Features
Pool Description: None
Miscellaneous Exterior: Wrought Iron Security Doors
Exterior/Windows: Brick Veneer, Wood/Composition
Foundation: Slab
Roof: Composition Shingles
Land Information
Acreage: 0.24
Lot Information
Parcel ID: 087053 A00053
Lot #: 53
Lot Size: 85X125
Lot Description: Some Trees
Area: 733A
Property Information
Detached Single Family
Style: Traditional
Property Construction Status: Existing Property
Approx Heated Sq. Ft. Range: 1600-1799
Year Built: 1975
Financial
Tax Information
Annual City Tax: $626
Annual County Tax: $793
Financing
Buyer Contributions: 0
Utilities
Utility Information
Water & Sewer: Public Water, Public Sewer
Heating: Central
Cooling: Central
Location
Multi-Unit Information
Detached Unit Type: General Residential
Location Details
Directions: Head east toward Avon Rd Turn left onto Avon Rd Turn left at the 1st cross street onto Tutwiler Ave Turn right onto Stratford Rd Continue onto Covington Pike Pass by McDonald's (on the right in 1.8 mi) Turn left ont
MAAR Subdivision Name: RALEIGH RIDGE PARK
Public facts
Beds: 3
Baths: 2.0
Sq. Ft.: 1,673
Stories: 1.0
Lot Size: 10,625 square feet
Style: Single Family Residential
Year Built: 1975
Year Renovated: 2000
County: Shelby County
APN: 087053 A00053
Home facts updated by county records on Jul 14, 2026
Around this home
Schools
Brownsville Rd Elementary School
Public PreK-5 • Assigned • 1.2mi
6/10
Craigmont Middle School
Public 6-8 • Assigned • 0.6mi
6/10
Craigmont High School
Public 9-12 • Assigned • 0.4mi
3/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
7/10 Heat Factor
7 days above 110° expected this year, 21 days in 30 years
4/10 Wind Factor
17% chance of strong winds in next 30 years
4/10 Air Factor
4 unhealthy days expected this year, 5 days in 30 years
Provided by First Street
Historical weather
Memphis, TN • 38128
Average low and high temperatures (°F)
46
29
57
36
71
50
78
58
79
62
89
72
93
76
89
70
85
66
77
55
65
48
54
39
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10.5 hours in
June and 4.7 hours in December, placing it above the
U.S. average for solar exposure.
10.5 hrs
4.7 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$217,000 – $262,000
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Property information provided by Memphis Area Association of Realtors(R) MLS when last listed in 2022. This data may not match public records. Learn more.